Member Info for thurgarton

XPB: Or could it be that IAG put them in alphabetical order (logical) and you chose to see a position that fits with your all too well known view?

I am under the impression that SAF can't happen without it's use being made compulsory by airlines. As I see it, airlines operate for profit and logically will seek to minimise the cost of their overheads, the principal one being aviation fuel. The true cost of producing SAF is appreciably higher than the cost of the oil based fuel currently used. WE all know that the airlines are seeking to appear "greener", hence their apparent willingness to invest in SAF production but I believe that this is largely an attempt to source SAF at an advantageous price and is based on the assumption that SAF use will be made compulsory by governments desperate to establish their own green credentials. It is therefore reasonable to assume that the whole SAF issue is dependant upon its use by the aviation industry being made compulsory, and that both producer and user are convinced that this will happen. For this to be financially viable, the cost of SAF will need to be subsidised (at least initially) and that sufficient sustainable SAF supply is in place at its inception. It is not logical to develop SAF production under any other circumstances, and this clearly suggests that all potential producers are/will be will only proceed when their profitability is assured by legislation and subsidies. All, of course IMHO.

Should we attach any significance to the two large (750k) buys late in the day yesterday and today. Could it be XPB loading up in the expectation of a sudden SP surge?

Agree with the sentiment, trouble is there seems to be nobody prepared to provide answers. Certainly VLS do not seem to see any need to keep their shareholders on board - the appalling PR is well known and of long standing. The only positive point is that the Institutional Investors, who would presumably be better informed than us poor PIs, have maintained their positions.

XPD: Yet again, speculation - this time based on a statement that appeared on the RICARDO F4C web site over two years ago which has never, to my knowledge, been updated despite efforts by some subscribers to this board to get an answer from Ricardo, an opinion on the work of the Jet Zero Council which you cannot substantiate and a view on FEED that is pure conjecture on your part.

XPD: Yet more speculation based on nothing more than your own prejudice. F4C (Ricardo) have made no statement, nor have they paid anyone else from the outstanding funds, and it is reasonable to assume that, being on the Jet Zero Council, VLS would not seek to obtain further funding by subterfuge or insider knowledge. Given that, true to form, the VLS PR effort is all but invisible, one is forced to rely on patience and a little faith. Unless, of course, one holds no shares and has a morbid interest in ecouraging others to follow his example.

XPB: Do you have a source reference for that salary figure? In any case ISTR that there is a well know saying that "if you pay peanuts, you get monkeys" although I will grant you that some of Velocys' previous CEOs were less than stellar. However, it would seem that HMG have rather more regard for Mr Wareborn than you do as they chose to appoint him to the Jet Zero Council! A great deal of groundless comment on this board recently which has added nothing to the argument about the future viability of the company, and virtually no news from the company (what's new) although the FEED investigation must be almost complete which will, in turn, spark the F4C resolution. Meanwhile some of us need to learn the art of doing nothing when there is nothing to do and stop the baseless stirring that has been far too evident of late.

XPB: Apologies, I misread your post. I think we have pretty much the same information. I agree that HMG have to do more than offer tacit support, and I think that if they don't it won't just be VLS that suffer as a consequence.

XPB: Not quite sure what you mean - "They’ve stated this on several occasions" - can you provide an example? As I understand the situation, F4C money is dependant upon a succesful FEED result, the Jet Zero Council is moribund but HMG is very keen to prove its green credentials, so matters are nicely poised. IMHO a good FEED report plus a statement of support from HMG should induce the requisite funding. As usual the Velocys PR machine is conspicuous by its absence so we PIs are being treated like mushrooms.

XPB: Proof about the the spots on Leopards! I was wondering how long you could resist commenting on the Velocys news vacuum. I was also wondering about the lack of any news from the Jet Zero Council - yougov suggests that they haven't met since July 2020 and there have been no press releases subsequent to the inaugural meeting, the minutes of which are less than inspiring. SAF was mentioned in passing on Radio 4 this morning by Grant Shaps but nothing more than aspirations. We can only sit on our hands and consider the half empty/full (delete as apropriate) glass in front of us until a news update is forthcoming. Don't get too miserable.

Given the hoops VLS had to get through in order to obtain planning permission, and how long it took, it would be interesting to know how far Fulcrum actually is this regard.

Stiralot: Please take some English lessons, proof read your posts and stop trying to imitate the source material that the Altalto project is based upon. BTW didn't you post that you were out of this stock and leaving the BB the day before yesterday? Give us all a break and stick to your original decision

I do like an optimist! His sort always turn up as purveyors of doom if the SP moves down, mostly with the same appalling syntax and grammar. It does provide a little light relief, but they only need to post once, the propensity to reiterate the same garbage on a daily, or even hourly, basis is wearisome. I don't think we have heard the last of Sirturd.

Stiralot: "Am not the one in over ma head loosely spelt problems out in black, and, white. Answers please!"
Poor punctuation makes your statement a nonsense. Did you mean to say the following:
"I am not the one in over my head. Loosely spelled the problems out in in black and white. "
As this statement does not contain a question, to what are you seeking an answer?

Stiralot: Yet another example of big thumbs on a small keypad. As far as I can gather from your mangled text, you are suggesting that you can't make money by investing in Velocys. If you believe that you are right why do you waste your time by continuing to post on this BB? After all, most of us got your message from your first post here. Every subsequent post has been a nugatory effort on your part.

AFAIK no independent body of any standing has published a detailed assessment of the relative merits of the various proposed options, and nobody has actually demonstrated waste to SAF at scale. I would presume that Ricardo (for F4C) has done some research and is happy with the theory. It is, as everyone on this board must know, a leap of faith to invest in VLS at this stage, but hey, you don't make money by sitting on your hands. It might help matters if the VLS PR effort was a little more forthcoming.

The SP dropped sharply (3%) just before the close and caught a lot of automatic sells. Are MMs trying to fill a large buy order, I wonder.

Stiralot: si tacuisses, philosophus mansisses - you didn't and I don't. You could at least proof read your text before posting, adding some punctuation and correcting the grammatical and spelling errors which abound in your posts. If you want to be taken seriously, and I assume that you do, at least take the time to present a cogent argument as opposed to your incoherent offerings to date.

Stiralot: Obviously not mastered your language issues yet. Double negative in you last sentence calls your whole comment into question. Try the BBC on line teaching; any time in the morning should provide an appropriate level.

It is very weird that Worley should come out with a piece exactly a year after VLS announced the same thing. The VLS date is undoubtedly correct from their own web site history. An optimist might think that there is an announcement on FEED in the pipeline and Warley is after a bit of credit, whereas a pessimist might deduce that Warley's PR team are even worse than the Velocys team! DYOR!!